The price of oil rises, Wall Street falls and the report that jumps the quantum shares

19:30

The declines on Wall Street continue. The Dow is currently down 0.2%, the S&P 500 is down 0.4%, and the Nasdaq is down 0.5%.

European stock markets closed in a mixed trend. Dax fell 0.5%, Kac lost 0.3%, Putsy rose 0.1%.

Bloom Energy Jumps by about 12% after reporting a partnership with the European Nebius, a cloud provider in the field of artificial intelligence. Nebius shares rose more than 16%.

The agricultural equipment manufacturer pen Down about 5% after reporting better-than-expected results for the second quarter, with a profit of $6.55 per share, when the expectation was $5.70 per share. The company’s sales totaled $11.78 billion, compared to early forecasts of $11.54 billion. Deere reaffirmed the net profit forecast for the entire year.

spotify Jumps 15% after providing strong forecast and showing plans to reach 1 billion subscribers.

17:15

Shares of quantum computing companies are soaring following a report by the Wall Street Journal that the government plans to award grants totaling $2 billion to nine companies, with IBM receiving about $1 billion, half of the amount, in order to accelerate the development of chips dedicated to quantum computing. The administration also plans to acquire holdings in those companies.

Quantum computing stocks are soaring, among them Regetti Computing which jumps by about 24%. D-Wave Quantum jumps by about 22%, Quantum computing adds 8%, I.ON.Q. is growing by about 5% and GlobalFoundries is also increasing by about 10%.

GlobalFoundries rises by almost 11% after the same report stated that the agreement with it includes financing of 375 million dollars.

Other companies that are about to receive $100 million in funding, according to the report, were Infleqtion, which jumps by about 35%, andRegetti Computing which jumps by about 25%.

The price of oil soared after two senior Iranian sources told Reuters that Iran’s supreme leader ordered that the highly enriched uranium remain in Iran. According to the sources, Mujtaba Khamenei’s directive reflects a “consensus among the Iranian establishment”. However, in the last hour there was an announcement that the White House is denying the report.

The price of Brent oil rises by about 2% and trades at more than $107. WTI oil jumps by about 2.5% and its price stands at $100.

16:30

The Wall Street stock markets opened with declines: the Dow falls at the opening of trading by 0.3%, the S&P 500 loses 0.4%, the Nasdaq sheds 0.5% of its value.

Nvidia Rising by more than 1% after reporting revenues of $81.6 billion for the first quarter of 2026 and earnings per share of $1.87, this compares to analysts’ expectations of revenues of $78.8 billion for the quarter and earnings per share of $1.75.

This is an impressive increase compared to the corresponding quarter last year, when revenues were 44 billion dollars, an 85% jump in revenues and 130% in earnings per share. In addition, it provided a revenue forecast that was much higher than expected.

15:10

The issue that has dictated the mood in the markets in recent months is the war that broke out between the US, Israel and Iran, and the fears that it will resume if no agreement is reached. Oil prices are about 50% above the levels recorded before the outbreak of the conflict.

As of yesterday, the WTI oil price closed at $98.26 per barrel after a 5.66% decrease, and Brent oil closed at $105.02, a 5.63% decrease, amid temporary optimism from US President Donald Trump’s statements that negotiations with Iran are in the “final stages”.

However, tonight oil prices jumped sharply after a Reuters report claimed that Iran’s supreme leader issued a directive to keep the enriched uranium within the country’s borders – which once again raises questions about the chances of reaching an agreement.

Last night, after three days of declines, the markets surged. The S&P 500 rose by 1%, the Nasdaq by 1.5%, the Dow Jones by 1%.

Futures, on the other hand, are red: S&P 500 contracts weaken 0.4%, Nasdaq contracts fall 0.5%, and Dow Jones futures lose 0.3%, following a sharp increase in oil and treasury yields following the reports from Iran.

The bond arena is turbulent. Investors continue to monitor the jump in government bond yields in the US, which raises concerns about continued inflationary pressures and prolonged tightening of monetary policy. In the US, the yield on 30-year government bonds climbed above 5.19% – the highest level since 2007 – while the yield on 10-year bonds is approaching 4.7%.

The background to the increases are the high inflation expectations, and the prolonged closure of the Strait of Hormuz aggravates inflationary pressures all over the world, until the market forecasts turned from expecting interest rate cuts to expecting another increase before the end of the year. Philadelphia Fed President Anna Paulson said she supports keeping interest rates unchanged, and that any reduction depends on continued progress in reducing inflation.

Nvidia is the star of the night: the company reported revenues of $81.6 billion for the first quarter of 2026 and earnings per share of $1.87, this compared to the expectations of analysts who predicted revenues of $78.8 billion for the quarter and earnings per share of $1.75. This is an impressive increase compared to the corresponding quarter last year, when revenues were 44 billion dollars, an 85% jump in revenues and 130% in earnings per share.

In addition, it provided a revenue forecast that was much higher than expected. The company expects to report revenue of $91.0 billion in the quarter ending in July, while the FactSet consensus forecast was $87.3 billion.

In addition, Nvidia sets a target for an adjusted gross profit rate of 75%. Its adjusted gross profit rate was 75% in the last quarter as well.

The company’s board of directors approved a new plan for own purchase of shares (Buyback) in the huge amount of 80 billion dollars. In addition, the quarterly dividend was raised to 25 cents per share, compared to only one cent previously.

The move comes after a particularly strong quarter in terms of cash flow: free cash flow amounted to $48.6 billion, compared to $34.9 billion in the previous quarter, and compared to $26.1 billion in the same period last year.

The announcement signals that Nvidia continues to generate huge amounts of cash from the demand for AI chips, and that the company’s management chooses to return a significant portion of it to investors. The stock drops slightly in advance.

Shares of quantum computing companies soar following a Wall Street Journal report that the government plans to award grants totaling $2 billion to nine companies, whenIBM You will get about a billion dollars, half of the amount.

IBM jumps in pre-trade by more than 6%. Regetti Computing jumps by about 14%. D-Wave Quantum jumps by about 15%, Quantum computing adds 10%, I.ON.Q. grows by about 5% and GlobalFoundries jumps by about 13%.

Bitcoin fell below $79,000 amid rising bond yields and fears of inflation. Gold traded around $4,514 per ounce, a high level that reflects a search for safe-haven assets amid rising fears of a return to war and inflation.

European stock markets are red: Dax and Kac are down about 0.5%. The British Potsey weakened by about 0.3%.

Asian stock markets closed in a mixed trend: the Nikkei index jumped more than 3.5% today in Tokyo, rising 3.58% to 61,945 points – its sharpest gain in two weeks. The Nikkei reflected Wall Street’s gains after Nvidia’s results and an increase in risk appetite amid falling oil prices and temporary optimism regarding the end of the conflict with Iran.

SoftBank jumped nearly 20%, along with many Japanese technology stocks, following Nvidia results that signaled strong AI momentum. In addition, Japan’s exports in April grew at the fastest rate since January, thanks to a wave of chip shipments.

The Shanghai index fell 2.04%, and the Shenzhen Stock Exchange lost 2.07%. China continues to show relative weakness due to internal economic concerns as well as the increases in oil. In Korea, Kospi jumped 8.42%, likely led by technology and chip stocks like Samsung, after a strike at the company was averted.